Loading chat...

US HB3323

Bill

Status

Introduced

5/13/2025

Primary Sponsor

Bryan Steil

Click for details

Origin

House of Representatives

119th Congress

AI Summary

  • Increases the annual gross revenue threshold for "emerging growth company" (EGC) status from $1 billion to $3 billion under both the Securities Act of 1933 and Securities Exchange Act of 1934

  • Extends the time period companies can maintain EGC status from 5 years to 10 years after their initial public offering

  • Removes the provision that ends EGC status when a company issues more than $1 billion in non-convertible debt over a 3-year period

  • Includes technical corrections to fix duplicate paragraph numbering in the Securities Exchange Act of 1934

Legislative Description

Helping Startups Continue To Grow Act

Finance and financial sector

Last Action

Placed on the Union Calendar, Calendar No. 102.

6/4/2025

Committee Referrals

Financial Services5/13/2025

Full Bill Text

No bill text available